TORRANCE, Calif., July 28, 2003 - LiveOffice (www.liveoffice.com), the leader in compliance technology for financial services professionals nationwide, today announced the addition of its proprietary ComplianceCheckT feature to AdvisorMail (www.advisormail.net), an end-to-end monitoring, archiving and retrieval solution for email and instant messages (IM) designed specifically for financial services organizations. Operating similar to word processing spell checks, this new feature enables financial representatives to pre-screen their emails against LiveOffice's proprietary eSupervisorT lexicon of compliance words and phrases prior to sending an email message.

"ComplianceCheckT will significantly reduce the workload on the compliance departments within financial service organizations," said Ann Davis, director of business development for LiveOffice. "In fact, preliminary testing of the product indicates that our ComplianceCheckT feature will reduce the number of emails that require a compliance officer's review by over 75 percent."

AdvisorMail's new ComplianceCheck T feature:

• Takes the guesswork out of regulated email communications by performing a thorough review of all outbound emails using LiveOffice's proven library of compliance words and phrases and highlighting questionable language in red Reduces the supervisory burden on compliance officers and Offices of Supervisory Jurisdiction (OSJs) by providing a real-time review of email messages as they are composed by the field representative
• Expedites email communications between firm representatives and their clients, while ensuring that any questionable language is stopped at the source

LiveOffice's AdvisorMail enables Compliance Departments to electronically monitor, retain and archive thousands of emails, attachments and instant messages (IM) in a single and secure location. AdvisorMail's robust monitoring capabilities ensure that financial services firms can easily comply with all the regulatory requirements of SEC Rules 17a-3, 17a-4, NASD rule 3010(d) as well as NASD's June 17, 2003 Notice to Members outlining the proper handling of instant message (IM) communications.

ComplianceCheckT will be available to existing and new AdvisorMail customers in early August 2003.

LiveOffice’s AdvisorMail provides industry-leading email archiving, instant message archiving, anti-spam, antivirus, compliance and eDiscovery solutions to financial services firms of all sizes. These services ensure the integrity of emails and IMs, simplify the discovery process, and help companies protect themselves against the risk and expense of lost or misplaced electronic messages. LiveOffice also helps organizations comply with statutory, regulatory (SEC, NASD), legal and industry-specific mandates. Founded in 1998, the company serves a premier roster of clients including Fortune 500 companies, processes and protects millions of messages each day, and has a customer retention rate of over 98%. For more information, contact 1.800.251.3863 or visit www.advisormail.net.